Startup news, 12 November 2026
7 briefs
Nvidia’s Board Moves to Oust Jensen Huang Amid Second Affair Allegation
Nvidia’s board is preparing to remove CEO Jensen Huang following reports of a second extramarital affair, this time with a senior executive at the company, according to *SiliconANGLE*. The move…
Reported by siliconangle.com
Plurai bets on AI agent simulations to cut failures before they happen
Plurai, a New York-based company focused on AI agent reliability, has raised $13 million to expand its simulation-based testing platform. The startup argues that most AI agents collapse under…
Reported by cryptobriefing.com
Imprint and Garage Show How NYC’s Funding Boom Extends Beyond the Usual Suspects
New York’s startup funding frenzy continued this week, with two companies securing rounds that reveal how the city’s investor base is betting on both high-growth fintech and overlooked operational…
Reported by alleywatch.com, alleywatch.com
UK AI Chip Startup Fractile’s $7B Valuation Shows How Fast Money Can Flow—But Can It Deliv
Fractile, a London and Bristol-based AI inference chip startup, has reached a $7 billion valuation after raising $720 million in a Series C round, according to a person involved in the deal speaking…
Reported by cryptobriefing.com
Applied Intuition in $1.5B push to $30B valuation as AI autonomy finds defense, logistics
Applied Intuition is in advanced talks to raise at least $1.5 billion in a funding round that would more than double its valuation to roughly $30 billion, according to Bloomberg, citing people…
Reported by finance.yahoo.com
Fractile’s $720M Raise Proves UK AI Chip Startups Can Bypass Nvidia—If They Ship
Fractile, the UK’s most aggressively funded AI inference chip startup, has raised $720 million in a Series C round, vaulting its valuation to $7 billion in just six months. The funding, led by…
Reported by cryptobriefing.com, siliconangle.com
Executive reshuffles at defense and energy startups signal talent war and sector convergen
A major publisher and four deep-tech startups have appointed senior leaders in a flurry of moves that underscore the sector’s talent competition, particularly where defense, energy, and…
Reported by geekwire.com